6 BED HOME FOR SPECIAL CARE - HASTINGS COUNTY - LIST $425,000

 

Save up to $70,000 Per Year**

  • Stable income from Ontario Ministry of Health
  • Beautiful house on a double lot in an upscale neighbourhood
  • Home business with all living expenses paid by the business
  • Can be Income Tax Exempt APPROVED
  • Asking $425,000

**assumes owner lives onsite

 

PROFIT & LOSS 2015 - BELLEVILLE  
     
Operating Income - 6 Residents   $108,000.00
Operating Expenses    
    Food   $12,500.00
    Telephone   $840.00
    Hydro   $2,279.00
    Gas Heating & Hot Water   $1,768.03
    Cable & Internet   $1,734.84
    Water & Sewer   $2,074.08
    Fire Alarm Monitoring   $276.00
    Fire Inspections   $446.27
    City of Belleville Inspection (fire equipment)   $50.00
    A/C Protection Plan   $271.08
    Water Heator Rental   $197.28
    Boiler Rental   $2,101.60
    Culligan Water Cooler (3 jugs water)   $252.00
    Business & Home Insurance   $3,841.71
    Property Taxes   $5,145.72
Total Operating Expenses   $33,777.61
     
Net Operating Income   $74,222.39
     
Note: No wages shown. P&L assumes the live-in Owner/Operator provides
24 hour coverage
• Information supplied by owner. Buyer to verify all income and expenses